India announced its new hydrocarbon exploration & production policy and 67 small discovered fields are being made available for private sector participation now.
Goes contrary to the spirit of recently unveiled Intellectual Property Rights policy, says industry.
Rajan said the RBI prefers to watch new innovations and as the understanding increases, regulations can be evolved.
The PMO last month called the top officers of IOC, HP, Bharat Petroleum, SBI and IDBI to consider infusing Rs 5,404 crore as equity for setting up a six-million-tonne refinery in Cuddalore.
“Our aim in the macro stabilisation is to make the exchange rate less and less an issue that investors have to worry about,” Rajan said.
The Trai regulation has mandated them to pay subscribers Re 1 for every call drop they experience on their network, subject to a cap of three call drops a day, starting from January 1, 2016.
The basic tax demand for Vodafone was Rs 7,990 crore, but the total outstanding, including interest and penalty, is estimated to have risen to Rs 20,000 crore.
A decision to this effect was taken by the Central Board of Trustees (CBT) of the Employees Provident Fund Organisation in a meeting here on Tuesday.
Rates of Sukanya Samriddhi Yojana, 5-year NSCs and PPF left unchanged.
Chief minister, Chandrababu Naidu said, “I had several brainstorming sessions with experts and we have decided to take up ports and coastline development in a big way.”
Quick Heal plans to raise close to Rs 450 crore through the public issue, calculations based on the upper price band of the issue showed
The initiative, Connected Learning Initiative will offer access to interactive and hands-on learning experiences to advance their knowledge and skills, said a statement.
The tax waiver would, however, come with the more vigilant scrutiny of the shifting of profits from non-SEZ entities to SEZs by corporate India.
Gross non-performing loans at `1,794 cr, equivalent to 0.72% of loan portfolio.
The company had approached the Delhi High Court against the tax demand raised, arguing that it could not have been asked to pay service tax on services availed from hotels and flights.
As a result of the fall, the market cap of InterGlobe fell by Rs 8, 255 crore on Friday.
The proposed policy has three options given to the foreign supplier for discharge of offsets, which will be clearly specified in the Request for Proposal issued by the ministry.
The Bombay Stock Exchange index had lost 517.63 points in previous two sessions.
As a result, total outstanding non-food exposure in the Indian banking system rose to over `69.8 lakh crore – a sequential rise of `0.7 lakh crore over the previous fortnight.
While mobile operators and social networking sites such as Facebook argued in favour of differential tariffs, some social media organisations opposed them.
CBI sources said investigations have found that the group owned 1,841 acres of land worth over Rs 700 crore in Haryana and 44 commercial properties across Gurgaon.
The ministry said banks and financial institutions also argued direct benefit transfer of fertilizer subsidy to the farmers.
The USFDA has notified over 20 issues of violations of standard manufacturing norms.
Official sources said Mallya was called to agency headquarters in connection with the case where the team of Banking Securities Fraud Cell carried out his detailed questioning.
This comes at a time when pressure is mounting on insurers to invest in Tier-I bonds of banks and some insurers are sitting on huge losses arising from their equity investments in banks.
According to dealers, the Reserve Bank intervened in the market and sold dollars to stem the rupee fall.
“The Tatas are present here with Tata Metaliks, Tata Hitachi and TCS. No other company in the state has such large presence in terms of manpower,” said Mitra.
The bank which made the announcement in an internal e-mail to employees will move around 70 employees working in the division to the retail banking business.
The scheme, which was launched by Prime Minister Narendra Modi earlier this month, garnered only 400 grams of physical gold of the over 20,000 tonnes worth gold lying idle in the country.
Fares may be capped at Rs 2,500 per flying hour
Failure to enact legislation on unified GST and Land Acquisition Bill could hamper flow of investments.
As many as 2,26,339 patent applications were pending as on July 31, 2015, due to shortage of professionals, according to the government data.
The Prime Minister’s comment comes ahead of the GDP data for the second quarter of FY16 expected this week. India’s economy grew by 7.3 per cent in FY15 and by 7 per cent in Q1FY16.
The reserve price for the assets going on sale has been set at Rs 65 lakh. The auction will let the lenders recover just a small fraction of Rs 6,963 crore that the Kingfisher owes to banks.
The findings pointed to the fact that in most of these ministries /departments the percentage of personnel in the age group 20-30 years was significantly lower than in the larger departments.
According to the proposal, on which the finance ministry has sought public comments, the provisions having a sunset date will not be modified to advance the sunset date.